Shinil Industrial Co.,Ltd (KOSE:A002700) announces a share repurchase program. Under the program, the company will repurchase up to 600,000 shares for KRW 1,017 million. The purpose of repurchase program is to stabilize stock price and improve shareholder value. The program will be valid up to July 5, 2018. As of April 5, 2018, the company had 725,000 shares held in treasury available within dividend capacity and no shares in treasury through other repurchase.